Benelux: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in Benelux

After four years of growth, the Benelux market for refractory products of siliceous or diatomite earths decreased by -1.8% to $X in 2021. Over the period under review, consumption recorded a mild slump. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Refractory Products of Siliceous or Diatomite Earths in Benelux

In value terms, production of refractory products of siliceous or diatomite earths surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 71%. As a result, production reached the peak level of $X. From 2014 to 2021, production of growth remained at a somewhat lower figure.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports in Benelux

For the third consecutive year, Benelux recorded growth in overseas shipments of refractory products of siliceous or diatomite earths, which increased by 25% to X tons in 2021. Over the period under review, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2015 with an increase of 455%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of refractory products of siliceous or diatomite earths plummeted to $X in 2021. Overall, exports showed a resilient increase. The growth pace was the most rapid in 2015 when exports increased by 405% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

The Netherlands represented the largest exporter of refractory products of siliceous or diatomite earths in Benelux, with the volume of exports finishing at X tons, which was near 68% of total exports in 2021. It was distantly followed by Belgium (X tons), mixing up a 32% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to refractory products of siliceous or diatomite earths exports from the Netherlands stood at +9.3%. At the same time, Belgium (+16.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +16.7% from 2012-2021. While the share of Belgium (+11 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Netherlands (-10.7 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest refractory products of siliceous or diatomite earths supplier in Benelux, comprising 77% of total exports. The second position in the ranking was held by Belgium ($X), with a 23% share of total exports.

In the Netherlands, exports of refractory products of siliceous or diatomite earths increased at an average annual rate of +8.1% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, falling by -33.8% against the previous year. Over the period under review, the export price showed a pronounced downturn. The pace of growth was the most pronounced in 2018 an increase of 57%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.1%).

Imports of Refractory Products of Siliceous or Diatomite Earths

Imports in Benelux

In 2021, supplies from abroad of refractory products of siliceous or diatomite earths decreased by -25.9% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, enjoyed a tangible expansion. The pace of growth was the most pronounced in 2020 with an increase of 86%. As a result, imports attained the peak of X tons, and then fell remarkably in the following year.

In value terms, imports of refractory products of siliceous or diatomite earths contracted to $X in 2021. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 72%. The level of import peaked at $X in 2020, and then declined in the following year.

Imports by Country

In 2021, the Netherlands (X tons) and Luxembourg (X tons) were the largest importers of refractory products of siliceous or diatomite earths in Benelux, together mixing up 90% of total imports. It was distantly followed by Belgium (X tons), mixing up a 10% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +26.5%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X) constitutes the largest market for imported refractory products of siliceous or diatomite earths in Benelux, comprising 63% of total imports. The second position in the ranking was held by Luxembourg ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands totaled +32.8%. In the other countries, the average annual rates were as follows: Luxembourg (+4.2% per year) and Belgium (-5.4% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, with an increase of 21% against the previous year. Overall, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 65%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+13.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform